Gambling Site's Investing (Is it worth it?) - page 4.

3meek

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Quote from: arwin100 on February 13, 2020, 04:24:48 AM

Quote from: Assface16678 on February 13, 2020, 03:50:59 AM

Quote from: 3meek on February 13, 2020, 02:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... Cheesy

We all know that gambling is one of the best sources and profitable in terms of having a good market profit. Some of the people make investment with the use of gambling websites because they always play to those platforms but one of the problem of this is being bankrupt of the websites we cannot avoid a website can lose their money because of many factors like renting of domain and losing to the people who have really good skills in gambling still it is profitable too if you make already investment on them because you do not need to pay all the time just to buy tokens and sometimes having a balance is less hassle to play and easier to h without interruption.

That's why we go on reputable sites who establish and have a bigger bankroll so whatever happens unto them we can safely say that we are in safe hands, we have several sites who establish well already which offer an investment option so better go with them and don't go with the new but don't expect to gain more money on this since this will be base on dividen and might we will lose or get a low percentage if theirs a player will hit a jackpot or many players will win.

There are risks anywhere ... And gambling sites can be compared with exchanges ... The meaning is a bit similar ...
But I agree that you always need to choose reliable sites!

agentx44

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Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

If you are interested to know what gambling website's are offering Investment, you can check this website: https://dicesites.com/
They list all of the website's offering it and additional information for it.

Small trivia:
the owner of that website is NLNico and the only person here that have The Glider(hacker symbol) badge

Are you going to try investing on their bankroll? Please explain your answer

Gambling is a risk, we cannot change anything about that. Even though you are not the one who is actually playing, the risk is still high since the probability will always be 50% on winning and 50% on losing. We all know that the greater the risk, the greater the word but on the other hand, the loss is much higher. If you are brave enough and confident upon gambling, go ahead and take a risk regardless of you being the player or you being an investor on someone who's gambling. Just be ready for the consequences and always set up a back up plan if ever you'll lose.

ethereumhunter

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Quote from: 3meek on February 13, 2020, 02:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... Cheesy

That will be profitable if you can find recommended gambling sites that offer the member to hold their token/coin as the investment. But usually, the gambling site provides the investment in bitcoin, doge, litecoin, and ethereum so their member can choose one coin or all coin to invest. It is risky to invest in the token in the new gambling website because they do not yet have reputations among the other gambling site. So if you want to invest in the gambling site, make sure you invest in the recommended gambling website so you don't have to worry about the wrong thing that can happen later.

arwin100

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Quote from: Assface16678 on February 13, 2020, 03:50:59 AM

Quote from: 3meek on February 13, 2020, 02:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... Cheesy

We all know that gambling is one of the best sources and profitable in terms of having a good market profit. Some of the people make investment with the use of gambling websites because they always play to those platforms but one of the problem of this is being bankrupt of the websites we cannot avoid a website can lose their money because of many factors like renting of domain and losing to the people who have really good skills in gambling still it is profitable too if you make already investment on them because you do not need to pay all the time just to buy tokens and sometimes having a balance is less hassle to play and easier to h without interruption.

That's why we go on reputable sites who establish and have a bigger bankroll so whatever happens unto them we can safely say that we are in safe hands, we have several sites who establish well already which offer an investment option so better go with them and don't go with the new but don't expect to gain more money on this since this will be base on dividen and might we will lose or get a low percentage if theirs a player will hit a jackpot or many players will win.

Assface16678

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Quote from: 3meek on February 13, 2020, 02:54:51 AM

In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... Cheesy

We all know that gambling is one of the best sources and profitable in terms of having a good market profit. Some of the people make investment with the use of gambling websites because they always play to those platforms but one of the problem of this is being bankrupt of the websites we cannot avoid a website can lose their money because of many factors like renting of domain and losing to the people who have really good skills in gambling still it is profitable too if you make already investment on them because you do not need to pay all the time just to buy tokens and sometimes having a balance is less hassle to play and easier to h without interruption.

3meek

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In my opinion, investing in gambling sites can be profitable ... Especially if dividends are provided ... For example, you hold a token and get a percentage of the casino profit ... Cheesy

rexxarofmoknathal

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Quote from: ReiMomo on February 12, 2020, 10:28:32 AM

I haven't tried making investments with gambling sites yet but I guess this is a good idea and I find it interesting. Most of the gambling sites have massive bankrolls and amazing algorithms! There is only the least chance of you to lose your investment with it. I will be checking the link once I get home and I will read it briefly. Thank you for sharing the link and the idea though!

May I know if you already profited from your investment with gambling sites already?

I've invested in the bankroll of several sites, and have never lost of my money over the long term.

Several times, I've gone into the negative after a whale gets a big win, but this has always evened out to be net positive in the end.

Overall, so long as the site you're bankrolling with is reputable, you are unlikely to lose.

ReiMomo

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I haven't tried making investments with gambling sites yet but I guess this is a good idea and I find it interesting. Most of the gambling sites have massive bankrolls and amazing algorithms! There is only the least chance of you to lose your investment with it. I will be checking the link once I get home and I will read it briefly. Thank you for sharing the link and the idea though!

May I know if you already profited from your investment with gambling sites already?

Mumbeeptind1963

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Quote from: michellee on February 12, 2020, 12:36:43 AM

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.
But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

Yes of course some of them are worth it to invest, just make sure you know it before you invest. And to make sureif your investment is in a good hand then have a research about the gamblimg site you want to invest. Just be careful of choosing a gambling site if you have guts then dont continue, sometime we should follow our instict because instinct alerted us to the danger and we know by instinct that something was wrong

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Quote from: michellee on February 12, 2020, 12:36:43 AM

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.

i have not tried this investing in Gambling sites but i have heard some kind in the past though my knowledge are very limited so i don't have the faith to try.

ICO has been dying now and you cannot assure profiting so be ware.

Quote from: michellee on February 12, 2020, 12:36:43 AM

But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

ICO offers ever since for people to invest and profit but the truth?only few had successful journey and majority are losers or in other words?Victimes of SCAMMING.

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Quote from: arwin100 on February 11, 2020, 04:12:25 AM

Quote from: michellee on February 11, 2020, 02:33:49 AM

That is another risk that we might get if we invest with them. We cannot get higher earning because they have their calculation on the investment return, so they still get higher earning than us. If we can accept any amount of profit, then we can try to invest with them. But remember that to earn from the investment, you need to have patient, and it still difficult to find a good gambling site for the investment.

Yes the earning is not good since we only get a little dividend from them but I think this is more decent rather than investing on ICO's but we should select on what we look for and first thing we need to look up is their transparency and reputation.

And expect they earn huge than us since first of all they are the owners and we are just riding on their platform to gain.

Yes, that will better to invest in gambling than in ICO because we don't know how we can get the profit. Many ICO has to turn into a scam, so the chance for us to make a profit will not be too big.

But I heard that some ICO offers people to invest with them, but I still look that as a suspicious thing because the ICO is hard to succeed in a short time, especially with the current situation now.

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Quote from: wxa7115 on February 11, 2020, 04:12:03 PM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

Years ago this was really popular and there were threads dedicated to this and it seemed as if it was a good investment option for those looking to increase their bitcoin holdings, but then many sites stopped accepting those investments, to be honest I thought that was no longer possible.

But there is a big issue you will have to hand your coins to someone else with the hope of obtaining more bitcoin in the future and that requires a great deal of trust, so if you decide to invest in the bankroll of a casino make sure it has been in the market for years and that the casino has been paying their investors otherwise you will be taking a huge risk.

There have been instances of old and reputable gambling websites also running away with use funds. It's funny to consider how easy it is for someone to run away with another person's BTC... And yet people still invest in such ventures. The trust issue isn't going TK be solved so easily when it comes to investing in the house.

wxa7115

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Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?

Years ago this was really popular and there were threads dedicated to this and it seemed as if it was a good investment option for those looking to increase their bitcoin holdings, but then many sites stopped accepting those investments, to be honest I thought that was no longer possible.

But there is a big issue you will have to hand your coins to someone else with the hope of obtaining more bitcoin in the future and that requires a great deal of trust, so if you decide to invest in the bankroll of a casino make sure it has been in the market for years and that the casino has been paying their investors otherwise you will be taking a huge risk.

hello_good_sir

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Quote from: 2double0 on February 11, 2020, 02:14:24 PM

I have not invested in any such gambling sites that allow investments in house edge, but a few years ago 'not so old', we all had a testing person who had a thread in the gambling part of this forum where they used to give us tips on where to invest and what they have invested as well as the returns they were getting each month - for a period of 6 months. I didn't believe it to be a good idea on house edge's side either because we will not have complete transparency of how and when did our money got lost, if this information is not certain enough, please draw me to the correct information.

What?

AFAIK most dice sites at least have complete transparency when it comes to profits and how they are made. Bankroll, leverage, and bet information is completely public and can be audited if anyone had the time, effort, and motivation to do so.

I'm pretty sure what you're referencing to is Lutpin's experiment. AFAIK the results from most people anecdotally is that an investment that is somewhat leveraged into an average dice site will yield around 20% APR or potentially even more. There isn't really a whole lot of downside either, so I fail to see the reason as to why anyone shouldn't invest.

2double0

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I have not invested in any such gambling sites that allow investments in house edge, but a few years ago 'not so old', we all had a testing person who had a thread in the gambling part of this forum where they used to give us tips on where to invest and what they have invested as well as the returns they were getting each month - for a period of 6 months. I didn't believe it to be a good idea on house edge's side either because we will not have complete transparency of how and when did our money got lost, if this information is not certain enough, please draw me to the correct information.

AnatanVS

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Quote from: barbara44 on February 11, 2020, 09:48:37 AM

Quote from: AnatanVS on February 11, 2020, 06:53:09 AM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

The difference is, in a casino normally house always wins, sure there are downs time to time but in a long enough period if you invest into a good casino that means you will make a good amount of money in the long run. When you invest in anything else, you are uncertain about making good amount of money or not which causes you to not make that much profit, ICO is a good example of that. You may not make too much money, you may not make as much as the casino, but you do make money and that is very very important in this world where it is always dangerous to invest your money into anything.

It is almost like a treasury bond where you are destined to definitely make a profit even if it is a small number. Casino investment in short is profitable, very tiny but still profitable.

Among the ICO projects I have seen, and those who want to open their own casinos or betting on sports sites. And they have not always been able to make interesting projects and to make money for investors.
It is much safer to invest in a long-running casino, but what is already working projects investors' money?

Quote from: mersal on February 11, 2020, 12:09:32 PM

Definitely they are not scam.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

I don't think they're scammers. I'm sure there can be risk in any investment.

joshy23

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Quote from: mersal on February 11, 2020, 12:09:32 PM

Quote from: AnatanVS on February 11, 2020, 06:53:09 AM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

Definitely they are not scam.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

This investment form required a lots of time in order to gained continuous passive income. Trustable gambling site are mostly being enjoyed by investors and gamblers who participated from this kind of investment. If you are willing to take the risk better to sort those available gambling house who offer this chance of investment before placing your money.

mersal

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Quote from: AnatanVS on February 11, 2020, 06:53:09 AM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

Definitely they are not ~~scam~~ same.

Investing on an ICO projects it totally like gambling.But investing on a gambling site is more like a tradtional kind of investment and less risky if you put your money in most reputed gambling site.

DoublerHunter

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This seems like a good idea. But I would like to address questions regarding this. If the investment's chance of profit is according to the casino's wins and they will put your money on their company bankroll, how would know when you win? It seems like they can control/manipulate it by simply telling the investors that they win or lose. But it is their decision to do so. Of course, the sites will first tell you that you won for how many times and will put you at the state that you would reinvest all your earnings and previous investment once again. Then they will tell you that you lose. And that's it, probably you were fooled. Nevertheless, this is just a theory though there is a big possibility for it to happen, unlike the trustworthy one.

barbara44

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Quote from: AnatanVS on February 11, 2020, 06:53:09 AM

Quote from: Yatsan on February 07, 2020, 12:17:20 AM

Are you going to try investing on their bankroll? Please explain your answer

Investing in a gambling site is the same as investing in a regular ICO project. Now most people have a negative experience of investing in various crypto projects. That's why I don't want to invest in a gambling site or anywhere else.

The difference is, in a casino normally house always wins, sure there are downs time to time but in a long enough period if you invest into a good casino that means you will make a good amount of money in the long run. When you invest in anything else, you are uncertain about making good amount of money or not which causes you to not make that much profit, ICO is a good example of that. You may not make too much money, you may not make as much as the casino, but you do make money and that is very very important in this world where it is always dangerous to invest your money into anything.

It is almost like a treasury bond where you are destined to definitely make a profit even if it is a small number. Casino investment in short is profitable, very tiny but still profitable.

Topic: Gambling Site's Investing (Is it worth it?) - page 4. (Read 1667 times)